Frequently Asked Questions

 1. What services does NoteNest Solutions, LLC provide?1. 

NoteNest Solutions, LLC specializes in consulting services for real estate investors and financing solutions, including hard money loans, personal loans, manufactured home loans, mobile home loans, and equipment loans.

2. Do you provide direct financing?

No, NoteNest Solutions, LLC does not directly finance loans. We provide expert consulting services to guide clients through the financing process with licensed residential mortgage loan officers.

 5. Who will process my financing application?

All applicants must submit their financing applications through a licensed residential mortgage loan officer, who will review creditworthiness, income, and other eligibility factors.

6. What documents do I need to apply for a loan?

Typical documentation includes:

• Government-issued ID
• Proof of income (pay stubs, tax returns, or bank statements)
• Credit report authorization
• Proof of mobile home park approval (if applicable)

7. How long does the financing process take?

Loan approval timelines vary depending on the complexity of the application, the lender’s requirements, and the applicant’s financial background. On average, the process takes 2-6 weeks.

8. What credit score is required to qualify for financing?

Credit score requirements vary by lender and loan type. A higher credit score improves eligibility, but some financing options exist for applicants with lower scores. Consulting a licensed mortgage loan officer will provide specific guidance.

9. Can I apply if I have a low credit score?

Yes, some loan programs cater to individuals with lower credit scores. However, terms and interest rates may differ based on credit history and financial stability.

10. Are there any down payment requirements?

Down payment requirements vary depending on the loan type and lender policies. Some programs require as little as 5% down, while others may require higher percentages.

#1 - We will ask for additional information regarding the real estate property, such as:

• Do you have the original documents?
• Is there title insurance on the property?
• What is the condition of the property?
• How many bedrooms and baths?
• Location of the property
• Do the current buyers pay on time?
• Do you have proof of payments?
• Are you the 1st lien holder?

#2 - We will review the information and provide several options to purchase your note

#3 - Negotiate any terms and conditions

#4 - Confirmation of terms the sell of the note

#5 - Purchase/sell agreement will be sent

#6 - Underwriting - this may take 2-3 days

#7 - Complete the closing/sell of the mortgage note